Donald Trump's announced trade deal with the UK sparked mixed reactions, highlighting the absence of detailed terms which could extend negotiations. The deal has been described variously as a 'deal', 'agreement', or 'framework', with observers anticipating several months of discussions to finalize the details. Trump's announcement aimed to bolster his domestic political standing regarding tariffs and signal readiness for future deals with other nations. Comments from British officials underscored the need for ongoing collaboration to reduce trade barriers further.
Trade deals are usually announced only once those details are ironed out. But in this case, Trump appeared keen to get the deal out in public to make an announcement to the world: America is ready to negotiate.
The big payoff to Trump is the market reaction today in a more favorable political reaction in the US on his overall [tariff] policy, said Hufbauer.
Lord Mandelson felt moved to paraphrase Winston Churchill in the Oval Office on Thursday. He called the deal not the end It's the end of the beginning.
Yes, we can finish ironing out some of the details, but there's a fantastic platform here, Keir Starmer said by speakerphone.
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